Which resets first, MAYC or MAYP?

MAYC ends its outcome period on Apr 30, 2027 and MAYP on Apr 30, 2027. A new cap is set the day after each.

Which is cheaper, MAYC or MAYP?

MAYC charges 0.30% a year and MAYP charges 0.50%, so MAYC is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Buffer ETFs

MAYC vs MAYP: Cap, Buffer & Days Left

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MAYP can fall 5.7% before its buffer engages as of Nov 4, 2026, and MAYC 4.7% as of Nov 3, 2026.

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Net assets on Nov 4, 2026: $1.2m for Corgi U.S. Equities 10% Structured Buffer ETF - May Series and $37m for PGIM S&P 500 Buffer 12 ETF - May.

MAYC on its own →MAYP on its own →

At a glance

MAYC Between buffer and cap

MAYC: reference +5.0% since period start, fund +4.6%; buffer 0 to −10; cap +13.5%; Between buffer and cap. Data to Nov 3, 2026.

MAYP Between buffer and cap

MAYP: reference +6.7% since period start, fund +5.5%; buffer 0 to −12; cap +14.9%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

MAYC costs 0.20 points a year less; MAYP is far larger, $37m against $1.2m.

Points (pts) are percentage points.

MAYC vs MAYP: Cap, Buffer & Days Left
Measure	MAYC	MAYP
Return
Measure	MAYC	MAYP
Total return, 1 year	not published	+10.1%
Drawdown
Measure	MAYC	MAYP
Index fall to the buffer	4.7%	6.3%
Benchmark
Measure	MAYC	MAYP
What it tracks	SPY	SPY
Cost and size
Measure	MAYC	MAYP
Expense ratio	0.30%	0.50%
Net assets	$1.2m	$37m
Holdings
Measure	MAYC	MAYP
Holdings in common	not published

ETFIQ Downside Cover Score · MAYP scores higher If the market falls into a bear market from here, how much does the buffer absorb?

IQ Buffer Score38.7MAYC57.5MAYP

How much of a bear-market fall the buffer would absorb from today's level, ranked against 292 buffer ETFs on stocks with a live outcome period. 100 is best. How it is computed

MAYC 38.7

MAYP 57.5

0.3, the lowest in this set 99.7, the highest

Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. All buffer ETFs ranked by it →

Method

Window by window

Window by window: MAYC vs MAYP: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	MAYC	MAYP	MAYC	MAYP
3 months	+1.1%	+1.0%	+1.5 pts	+1.4 pts
6 months	+4.2%	+4.3%	−0.3 pts	−0.2 pts
1 year	–	+10.1%	–	−3.4 pts
Since launchNot the same days: MAYC May 2026 · MAYP May 2024	+5.0%	+33.9%	−1.4 pts	−19.4 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. – means no data for this window. Open this comparison in the app →

Side by side

MAYC Corgi U.S. Equities 10% Structured Buffer ETF - May Series · Absorbs the first 10% of loss on SPY and caps the gain at 13.5%, over a period ending Apr 30, 2027 MAYP PGIM S&P 500 Buffer 12 ETF - May · Absorbs the first 12% of loss on SPY and caps the gain at 14.9%, over a period ending Apr 30, 2027

Issuer Corgi PGIM

Reference index SPY SPY

Buffer 10% 12%

Outcome period May 1, 2026 to Apr 30, 2027 May 1, 2026 to Apr 30, 2027

Days left 178 177

Starting cap +13.5% +14.9%

Can still gain not published 8.4%

Fall before buffer 4.7% 5.7%

Protection left, index points 10.0% of 10.0% 12.0% of 12.0%

Index return this period +5.0% +6.7%

Fund return this period +4.6% +5.5%

State today Open Open

Expense ratio 0.30% 0.50%

Net assets $1.2m $37m

As of Nov 4, 2026. Source: ETFIQ.

Where each one stands today

MAYP resets first, on Apr 30, 2027, 177 days from now; MAYC runs to Apr 30, 2027, 178 days. A fall from here reaches MAYC’s buffer after 4.7% and MAYP’s after 5.7%. Both track SPY, so what separates them is where each is in its own period.

Alert

About each fund

MAYC

The fund's price can fall 4.7% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 4.7% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level. 178 days remained on Nov 3, 2026. On Apr 30, 2027 the period ends and a new cap is set.

MAYP

From its price on Nov 4, 2026, the fund can gain about 8.4% more before it reaches its cap. The fund's price can fall 5.7% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 6.3% from today's level to the point where the buffer begins. Protection left, in index points: 12.0% of the 12.0% buffer still sits below today's SPY level. 177 days remained on Nov 4, 2026.

Questions people ask

Which resets first, MAYC or MAYP?: MAYC ends its outcome period on Apr 30, 2027 and MAYP on Apr 30, 2027. A new cap is set the day after each.
Which is cheaper, MAYC or MAYP?: MAYC charges 0.30% a year and MAYP charges 0.50%, so MAYC is cheaper. Fees come from each fund's prospectus.

Other comparisons

MAYC vs CPSM MAYC vs SIXZ MAYC vs BMAY MAYC vs CPSP MAYP vs CMAY MAYP vs PMMY MAYP vs APXM MAYP vs CPSP

Where to next

SPY →MAYC on its own →MAYP on its own →Method →Standards and sources →

Sources and dates

MAYC filings on SEC EDGAR ↗

Corgi website ↗

MAYP filings on SEC EDGAR ↗

PGIM website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

ETFIQ calculates every number from each issuer’s published outcome-period terms. Buffer ETFs hold options on an index, not shares, so there is no holdings overlap to report.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, MAYC against MAYP, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/mayc-vs-mayp

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